Edgeware Named as Winner in Fierce Innovation Awards: Telecom Edition

Video Consolidation Platform selected for dramatically improving efficiency, flexibility and scalability of video network architectures

STOCKHOLM - Nov. 12, 2014 - Edgeware, the leader in video delivery networks, today announces it has been named a winner in this year's Fierce Innovation Awards: Telecom Edition. Edgeware's Video Consolidation Platform (VCP) received the top honor in the Cable & Video Network Architecture category.

The Fierce Innovation Awards recognize the most innovative solutions on the market for operators to overcome network challenges, cut costs, increase revenue and provide the video quality their customers demand and expect. This is exactly what we set out to do with the development of our VCP, said Joachim Roos, CEO at Edgeware. This win proves that our novel approach to consolidated video delivery meets operators' need for an architecture that offers the scalability, agility and quality of experience (QoE) required in today's rapidly evolving and competitive landscape.

Edgeware's VCP is a single, consolidated platform that dramatically reduces the high infrastructure costs associated with the delivery of TV and video services to both set-top boxes (STBs) and multiscreen devices. By enabling operators to efficiently deliver new and current services at massive scale to all device types, without having to manage duplicate, siloed delivery networks, it reduces capex by at least 50 percent. The VCP builds on Edgeware's widely deployed operator CDN solution, the D-VDN, which already provides more than 10 million viewers worldwide with best-in-class caching and streaming. The VCP also extends the solution to include state-of-the-art origin servers, called the VCP Origin.

Finalists' applications were judged by an exclusive carrier-only panel of executives from AT&T, CableLabs, Cablevision System Corporation, Comcast, Cox Communications, Inc., Orange, Sprint, TeliaSonera International Carrier, and Verizon. Full profiles of the judges can be found at https://www.fierceinnovationawards.com/telecom/2014/judges.

All applications were evaluated based on the following criteria: technology innovation, financial impact, market validation, compatibility with existing networks, end-user customer experience, and overall level of innovation.

About Edgeware

Edgeware is the leader in video delivery networks, designed to allow operators to monetize video services such as TV Everywhere (TVE), video on demand (VOD), network-based catchup TV and Digital Video Recording (nDVR) and wholesale Content Delivery Networking (CDN). Edgeware's Video Consolidation Platform (VCP) provides the video origination and delivery systems needed to offer compelling services across managed and unmanaged networks and to reach any screen, at any time, with any content. Edgeware is headquartered in Stockholm, Sweden, with offices worldwide.

For further information, please visit www.edgeware.tv.

About FierceMarkets

FierceMarkets, a wholly owned subsidiary of Questex Media Group, is a leader in B2B emedia, providing information and marketing services in the telecommunications, life sciences, healthcare, IT, energy, government, finance, and retail industries through its portfolio of email newsletters, websites, webinars and live events. Every business day, FierceMarkets wide array of publications reaches more than 1.3 million executives in more than 100 countries.

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